Tag: venture capital

Jim Adox was recently interviewed by Laurel Hess on Comcast Newsmakers.

Drive Capital recognizes the benefits of doing business in the Midwest.

ArborMetrix announced that it has increased its Series B financing by $1.3 million to allow Renaissance Venture Capital Fund and Detroit Innovate to participate.

Delphinus Medical Technologies, Inc. has received 510(k) clearance from the U.S. Food and Drug Administration for the SoftVue™ whole breast ultrasound tomography system, approved for diagnostic breast imaging.

Global investment firm Baird Capital announced it was opening a Michigan office, in Ann Arbor. It’s being headed up by David Gregorka, whose entrepreneurial roots grow deep in the state.

“Venture capitalists in Michigan continue to grow in an environment where, in other parts of the country, the industry is contracting,” said a Managing Director of Arboretum Ventures and the outgoing chair of the Michigan Venture Capital Association.

Three Michigan companies, and MVCA members, are considered among the top venture players in the midwest.

MVCA recently named Emily Heintz as its new associate director. Heintz will work to actively create connections between venture capitalists and promote the state’s entrepreneurial and investment communities.

ArborMetrix closed a $7 million in Series B financing from Arboretum Ventures, RPM Ventures and Wolverine Venture Fund.

The growth of venture capital in Michigan is written about by Chris Rizik, Renaissance Venture Capital Fund.